9201 Mentor AveMentor, OH 44060

Property Details for 9201 Mentor Ave

Year built

1992

Lot size

4.33 AC

Property size (Sq ft)

39,236 SF

Zone code

B-2

Property type

Retail properties

Property subtype

Retail space

APN

16-B-054-0-00-001-0

APU

16B0540000010

Description

This exceptional retail opportunity is located at 9201 Mentor Avenue in Mentor, Ohio, within the bustling Northgate Plaza. The property offers a variety of spaces suitable for multiple tenants, with a minimum divisible space of 1,103 square feet. Currently, 7,856 square feet are vacant, presenting a significant opportunity for expansion or new businesses. The property is situated in a high-traffic area of Lake County, Ohio, boasting excellent visibility and accessibility. This shopping center enjoys a strong tenant mix, including established national brands such as Staples, GameStop, Pizza Hut, Pulp, Leslie's Pool Supplies, and T-Mobile. The strategic location directly across from a new Meijer supermarket ensures consistent high foot traffic and customer exposure. This property is ideal for a variety of retail or restaurant concepts seeking a prime location with established brand recognition and high consumer traffic. The property type is retail, specifically a shopping center with inline and endcap spaces available. The address is 9201 Mentor Ave, Mentor, OH 44060. This is a multi-tenant property offering a unique chance to establish a presence in a thriving commercial center. The zip code is 44060.

• CAP approach

  CAP return

  Valuation

  6%

  $10,376,073

  6.5%

  $9,577,914

  7%

  $8,893,777

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,248,741

  Geo Method

  $9,248,741

• Alternative Use

  Use

  Valuation

  Residential

  $8,079,328

  Hospitality

  $7,400,622

  Educational

  $6,157,230

  Medical

  $6,368,987

  Retail

  $9,577,914

Location Insight

City

Mentor

County

Lake

State

Ohio

Latitude

41.6779

Longitude

-81.3097

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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